Atlantic Gold Corp (CVE:AGB) shares reached a new 52-week high on Friday . The company traded as high as C$1.88 and last traded at C$1.87, with a volume of 69530 shares trading hands. The stock had previously closed at C$1.87.
A number of research analysts have weighed in on the stock. Desjardins reiterated a “buy” rating and set a C$2.25 price objective on shares of Atlantic Gold in a research report on Tuesday, November 28th. National Bank Financial reiterated an “outperform market weight” rating on shares of Atlantic Gold in a research report on Thursday, November 23rd. Finally, BMO Capital Markets boosted their price objective on shares of Atlantic Gold from C$2.20 to C$2.40 and gave the company an “outperform” rating in a research report on Thursday, February 1st.
The stock has a market capitalization of $359.19, a price-to-earnings ratio of -62.33 and a beta of 0.19.
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Atlantic Gold Company Profile
Atlantic Gold Corporation is a Canada-based exploration and development gold mining company. The Company is focused on advancing the development of its Nova Scotia properties, including its Moose River Consolidated Project (MRC Project), Cochrane Hill and Fifteen Mile Stream gold projects, as well as continuing to review potential acquisitions and investment opportunities.
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